An under-collateralized lending protocol.
This app helps people with limited assets access loans. It makes financial services more inclusive by changing how risks and rewards are handled. Instead of one central authority, the market shares the profits and losses. Borrowers get money based on decentralized measures. This way, more people can have financial independence. Currently, you have to submit collateral of either an equal or greater amount. This does not make sense for individuals/DAOs with limited resources. With this design, everyone can taste decentralisation.
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Challenges we ran into: